The media learned about the proposal to freeze the pension savings until 2020


The design of a three-year Federal budget include extending the freeze of pension savings of up to 2019, said on Friday the Agency “Interfax” with reference to two sources familiar with the situation.

“The draft budget for 2017-2019 the formation of pension savings is not provided. If it were adopted by the state Duma, the freeze will be extended,” said one of the interlocutors of the Agency.

That freezing of pension savings could be extended until 2019, said on 30 June, “the Russian newspaper” with reference to the draft of the basic characteristics of the budget of the Pension Fund of Russia (PFR) in 2017-2019.

While the government’s work on the first anti-crisis plan in early 2015, “Kommersant” wrote that the Ministry of economic development proposed to extend the freeze of the cumulative component of the pension system for the years 2016-2018. In turn, the MAYOR called this information untrue.

The moratorium on transfer of pension savings of Russians in private pension funds (NPF) was first introduced in 2014. The decision was taken in the fall of 2013, and then the Minister of Finance Anton Siluanov promised that the pension savings are frozen for one year only. In July 2014, Siluanov said that in 2015 the savings will come in the NPF. But a month later, the government extended the moratorium on formation of accumulative part of pensions for 2015. In the fall of 2015 freeze pension savings and extended in 2016. In March, Vedomosti, citing Federal officials wrote that the Finance Ministry proposes to freeze the cumulative part of the pension for the fourth time.